BI Asset Management Fondsmaeglerselskab A S Boosts Holdings in Realty Income Corporation $O

BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of Realty Income Corporation (NYSE:O) by 131.7% during the 1st quarter, Holdings Channel.com reports. The fund owned 170,584 shares of the real estate investment trust’s stock after purchasing an additional 96,949 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Realty Income were worth $10,436,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Stance Capital LLC acquired a new position in Realty Income in the third quarter valued at $27,000. EFG International AG acquired a new stake in shares of Realty Income during the fourth quarter worth about $26,000. Evolution Wealth Management Inc. increased its position in shares of Realty Income by 257.1% during the fourth quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 360 shares in the last quarter. Quattro Advisors LLC purchased a new stake in shares of Realty Income in the 4th quarter valued at about $29,000. Finally, Ameriflex Group Inc. lifted its holdings in shares of Realty Income by 68.7% in the 3rd quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 215 shares during the last quarter. 70.81% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Michelle Bushore sold 7,400 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total value of $461,908.00. Following the transaction, the insider owned 67,641 shares of the company’s stock, valued at approximately $4,222,151.22. The trade was a 9.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.10% of the company’s stock.

Realty Income Price Performance

Shares of O opened at $60.35 on Monday. Realty Income Corporation has a fifty-two week low of $55.86 and a fifty-two week high of $67.93. The company has a market capitalization of $56.27 billion, a price-to-earnings ratio of 49.46, a price-to-earnings-growth ratio of 4.71 and a beta of 0.73. The firm has a 50-day simple moving average of $62.32 and a 200-day simple moving average of $61.61. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56.

Realty Income (NYSE:O) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.03. The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.39 billion. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.06 EPS. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. On average, equities research analysts anticipate that Realty Income Corporation will post 4.44 earnings per share for the current year.

Realty Income Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $0.271 dividend. This is an increase from Realty Income’s previous monthly dividend of $0.27. The ex-dividend date is Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 5.4%. Realty Income’s dividend payout ratio (DPR) is 266.39%.

Analyst Ratings Changes

O has been the topic of a number of research reports. Jefferies Financial Group started coverage on Realty Income in a research note on Monday, June 1st. They set a “buy” rating and a $69.00 price target on the stock. Royal Bank Of Canada boosted their price objective on Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Stifel Nicolaus increased their price objective on Realty Income from $67.75 to $70.50 and gave the company a “buy” rating in a report on Wednesday, February 25th. Wall Street Zen upgraded shares of Realty Income from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, Mizuho lowered their target price on shares of Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $66.75.

Realty Income Profile

Realty Income Corporation (NYSE: O) is a real estate investment trust (REIT) that acquires, owns and manages commercial properties subject primarily to long-term net lease agreements. The company’s business model focuses on generating predictable, contractual rental income by leasing properties to tenants under agreements that typically place responsibility for taxes, insurance and maintenance on the tenant. Realty Income is publicly traded on the New York Stock Exchange and markets itself as a reliable income-oriented REIT.

Realty Income’s portfolio is concentrated in single-tenant, retail and service-oriented properties such as drugstores, convenience stores, dollar and discount retailers, restaurants, and other essential-service businesses.